Core Insights - Wall Street is looking to monetize data on private markets, where institutional investors like pensions and colleges are currently paying high fees for limited information [1] Group 1: Market Dynamics - The private market is characterized by a lack of transparency, leading to significant information asymmetry between investors and fund managers [1] - Institutional investors are increasingly seeking better data to make informed investment decisions, highlighting a gap in the current market offerings [1] Group 2: Financial Implications - Pensions and colleges are reportedly paying hefty fees, which raises questions about the value they receive in return for their investments in private markets [1] - The potential for Wall Street to provide more comprehensive data could lead to a shift in how these institutions allocate their capital [1]